2020 CVE to VEF Historical Review

YEARLY HIGH

2759.0578 VEF

YEARLY LOW

964.7945 VEF

YEARLY AVERAGE

2558.0617 VEF

2020 CVE to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2759.0578. Conversely, the yearly low was recorded on March 18, dropping to 964.7945.

This high-to-low spread represents a total annual volatility of 1794.2633 VEF. From a start-to-finish perspective, comparing the January average rate of 2493.4178 to the December average rate of 2733.1642, the exchange rate registered a net change of 9.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2759.0578 was up 6.55% compared to the 2019 peak of 2589.5661, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 13,795,289 VEF

2019 Average 12,577,548 VEF

Yearly Trough Low 4,823,972 VEF

Transaction Impact: A difference of 8,971,316.55 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2763.4455

2400.0697

JanuMarcMayJulySeptNove

CVE to VEF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2465.0448, compared to 2651.0786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 186.0338 points.

H1 Avg (Jan–Jun) 2465.0448

H2 Avg (Jul–Dec) 2651.0786

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1590.3484 VEF (High: 2555.1429 / Low: 964.7945). On the other end, April was the most stable month, with a tight range of 34.7184 VEF (High: 2456.6252 / Low: 2421.9068).

March Spread (Volatile) ±1590.3484

April Spread (Stable) ±34.7184

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 43.6186 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -43.6186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2733.1642) against the same month in 2019 (average: 2491.5589), the exchange rate shifted by +241.6053 (+9.70%).

2020 Avg (December) 2733.1642

2019 Avg (December) 2491.5589

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2518.8813	2470.0561	2493.4178
February	2480.5355	2423.7967	2449.7992
March	2555.1429	964.7945	2430.3510
April	2456.6252	2421.9068	2439.7891
May	2497.3632	2420.7272	2451.4018
June	2549.5064	2498.3676	2525.5098
July	2647.7106	2476.2097	2566.1542
August	2682.0037	2633.1211	2661.6561
September	2682.0037	2608.7941	2647.8228
October	2666.1764	2624.6384	2640.9403
November	2693.6330	2614.2835	2656.7338
December	2759.0578	2702.4213	2733.1642